Latest Real Estate Market News

Greetings, friends! Today, I'm excited to share a personal journey that led me to make a bold change in my career, and now I'm eager to pay it forward to those seeking a transformative shift in 2024. It all started in the summer of 2016 when I stumbled upon a powerful and motivating dialogue by Steve Harvey on the Family Feud. Titled "To be successful you have to jump," it struck a chord that resonated deeply with me, and I encourage you to watch the inspirational video. 

It’s time for a recap of the Reno/Sparks Residential Housing Market for January 2024! In our latest podcast, we unravel the trends, surprises, and noteworthy developments that have shaped the real estate landscape in the vibrant Reno/Sparks area. Join us as we delve into the data and insights provided by industry expert Brian Cushing from American Financial Network, examining how the market has defied expectations and set the tone for a dynamic and compelling year ahead. From unexpected growth to the challenges faced by buyers, our recap will provide a comprehensive snapshot of the current state of the residential housing market in this bustling region. 

Despite predictions of a downturn in 2023, the market proved the skeptics wrong, showing an impressive nearly 10% increase. However, prospective buyers are navigating challenges like low inventory and elevated prices, requiring a well-thought-out strategy to secure their dream home in 2024.

In our podcast, we highlight the essential Top 5 Home Buying Tips for 2024:

If you are a homeowner in Washoe County, you recently should have received a notice in the mail from the Washoe County Assessor’s Office for your 2024-2025 Property Assessment Notice. This is an important document that can easily get lost in the hustle of the holidays, especially with all of the holiday cards and packages. In this blog, I will highlight the basics of what a Property Assessment Notice is and where you can find out more information on this topic. I recently interviewed Chris Sarman, Washoe County Assessor, for his expert insights and have the link to our podcast listed below.

Many individuals look for a community that suits their lifestyle as they approach their golden years. They want a community that offers a vibrant, enriching environment. The Reno-Sparks area has several 55+ communities that provide an ideal setting for active adults looking to enjoy retirement with a sense of community, leisure, and engagement. In this blog, I will highlight some of the enticing amenities of living in a 55+ community as well as feature some of the newer 55+ communities in our area that offer this active adult lifestyle.

ALTA statements, or American Land Title Association Statements, play a crucial role in real estate transactions. These statements are designed to provide transparency and clarity regarding the financial aspects of a real estate deal, ensuring that all parties involved have a comprehensive understanding of the property's financial history and the credits and debits in a real estate transaction. In this blog post, we will explore the significance of ALTA statements, their components, and why they are essential in real estate deals.

Seller concessions in a real estate transaction can be a strategic and mutually beneficial tool for both sellers and buyers. In this blog, I highlight some compelling reasons why both parties should consider incorporating seller concessions into their real estate negotiations. I also recently highlighted this topic on my podcast and recommend that you click the link in this blog to learn even more insights on this topic.

One of my family’s favorite winter activities is skiing and we are so fortunate to live just a short drive away from several spectacular ski resorts in the Lake Tahoe area. If you're a snow sports enthusiast, or just someone looking to experience the beauty of winter in the mountains, the ski resorts near Reno offer a perfect escape. In this blog, we'll take you on a journey through some of our favorite ski resorts in and around the Lake Tahoe basin, showcasing the breathtaking scenery and thrilling winter adventures they provide.

Mount Rose Ski Tahoe 
Just a short drive from south Reno, Mount Rose Ski Tahoe is known for its stunning vistas and excellent snow conditions. The resort is Tahoe’s highest resort with an 8,260 ft. base elevation. Mount Rose Ski Tahoe is home to 1,200 acres of terrain with a wide range of options for all skill levels, including the Chutes–a popular destination for advanced skiers. Mount Rose is a beloved destination for locals and visitors alike.

Diamond Peak Ski Resort
Another ski resort located close to south Reno is Diamond Peak Ski Resort. Located in Incline Village, this resort offers breathtaking views of Lake Tahoe with boasts some of the area’s most affordable lift tickets and season pass prices. It's an excellent option for those seeking a more laid-back ski experience in a picturesque setting.

Northstar California Resort 
Located about an hour from Reno, Northstar California Resort is a winter wonderland known for its charming village, upscale amenities, and exceptional grooming. Whether you're into skiing, snowboarding, or simply enjoying the après-ski scene, Northstar has something for everyone.

Palisades Tahoe 
Palsaidasa Tahoe (formerly known as Squaw Valley) was the host of the 1960 Winter Olympics, and together with its neighboring resort, Alpine Meadows, offers a vast and diverse ski experience. With stunning alpine scenery and a challenging range of terrain, these resorts have been a favorite among extreme athletes and outdoor enthusiasts. Palisades Tahoe lift tickets are valid at both Palisades and Alpine, and give skiers and snowboarders access to over 6,000 skiable acres.

Heavenly Mountain Resort
A bit further away but still within a reasonable drive from Reno, Heavenly Mountain Resort is a South Lake Tahoe gem. The resort's unique location straddles the California-Nevada border, offering breathtaking views of Lake Tahoe from the slopes. With 97 runs over 4,800 acres, it is a perfect destination for skiers and snowboarders seeking a blend of adventure and natural beauty.

Homewood Mountain Resort 
If you want to escape the crowds and enjoy the natural beauty of Lake Tahoe, Homewood Mountain Resort is a hidden gem. It offers some of the best lake views from the slopes and a peaceful, rustic atmosphere on the west side of Lake Tahoe.

Hey there, real estate enthusiasts! Ken Angst here, and I'm thrilled to invite you to join me on a new and exciting episode on the Angst Real Estate Team YouTube Channel. In our latest podcast, I've partnered with the knowledgeable Brian Cushing from American Financial Network to delve deep into the dynamic world of the Reno-Sparks real estate market, with a special focus on resale homes. We take a look back at November 2023, talk about what the future of the real estate market in Reno-Sparks may hold, and have some fun with a little trivia. 

Whether you own your home or are in the process of purchasing a new home, understanding property taxes is a key piece of the real estate puzzle. Property taxes directly affect homeowners and property investors. Understanding this process is crucial for homeowners in Washoe County, as it is not only a financial responsibility but also an essential aspect of informed homeownership and real estate investment. Let's delve into the key insights shared during our enlightening conversation.

December is here and this month ushers in a season of joy, festivities, and an array of events that capture the spirit of the holidays in Reno-Tahoe. Let's explore some exciting December events that await locals and visitors around the beautiful Truckee Meadows.